PROPERTY NEWS: From estate agent fees to the cost of removal vans, selling up and moving house can often come at an eye-watering cost. What’s more, the location of a home can affect how much sellers end up forking out on the sale process - as a new report has highlighted.

Related articles

So, where’s best in the UK to sell up - and which cities could see sellers losing out on keeping hold of their hard-earned cash?

Estate agent comparison experts NetAnAgent.com have crunched the numbers, and worked out which cities in the UK have the highest traditional estate agent fees.

Location is likely to affect the value of a house - meaning fees in London are unsurprisingly high.

But, the statistics show that the average traditional estate agent fees in the capital are also the highest in the whole of the UK - at a huge 1.70 per cent.

This means that the average seller in London could expect to spend a whopping £10,877 on a traditional estate agent.

In comparison, the cheapest average fees in the UK by city can be found in Glasgow and Leicester - with percentages at just 0.84 per cent.

Based on average house prices from the UK Land Registry Q2 2018, this means the costs come in at £1,042 and £1,577 respectively - meaning a seller in London could fork out £9,835 more for their traditional estate agent than someone with a property that sold for the same price in Glasgow.

Top ten turnoffs for potential house buyers

Selling your home? Top ten turnoffs for potential house buyers.

Traditional agents have increasingly brought fees down to compete with online and hybrid agents

NetAnAgent.com CEO, Alex Thorpe

While Glasgow and Leicester take the top spot, Edinburgh scoops a close second at just 0.89 per cent.

Hull (0.91 per cent), Bradford (0.94 per cent) rank at the third and fourth cheapest spots - while Liverpool and Bristol are both in fifth place at 0.95 per cent - which is 0.15 per cent lower than the national average,

NetAnAgent.com CEO, Alex Thorpe, said: “It’s no surprise that, over the last few years, traditional agents have increasingly brought fees down to compete with online and hybrid agents.

“However, we have seen that high street agents have continued to evolve their service to justify the extra fees with more focus on service along with an emphasis on helping to manage the entire process from marketing to completion.

“We provide a level playing field for both traditional and online agents, so sellers can find the best option for them.”